Rose Petroleum plc

Final Assay Results continue to confirm strong mineralization at Diablito property

25-October-2004

VANE Holdings (?VANE? or ?the Company?) announces that the final assay results from the Diablito gold / silver property in Mexico have continued to confirm the presence of a high grade mineralized vein. Following the results reported on the 29th September 2004, drill holes DIA25-01 through to DIA35-01, have now been received and are listed below. The results received in this batch show values of gold (Au) as high as 33.53 g/t and Silver (Ag) as high as 6250 g/t.

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